The 2016 BMW 550i is part of the fifth generation (F10) of the 5 Series, produced from 2010 to 2017. This executive sedan is known for its luxurious appointments and potent performance. Key trims include the 550i Sedan and the 550i xDrive (all-wheel drive). Its popularity stems from its blend of sophisticated comfort, dynamic driving engagement, and a powerful V8 engine, making it a compelling choice for those seeking a premium driving experience.
The Good
The 2016 BMW 550i offers exhilarating V8 performance and agile handling, appealing to driving enthusiasts. Its luxurious interior and smooth ride provide exceptional comfort for practical daily use and long journeys. The elegant design exudes prestige, while modern technology enhances the ownership experience.
The Bad
Potential owners of the 2016 BMW 550i should be aware of possible electrical issues, particularly concerning the infotainment system and sensors. Some owners report higher-than-average maintenance costs and potential for premature wear on certain suspension components. Fuel economy is also a consideration.
2016 BMW 550: Quick Overview
- Engine Options: The primary engine for the 2016 BMW 550i is a 4.4-liter twin-turbocharged V8.
- Horsepower: This V8 engine produces 445 horsepower.
- Torque: It also delivers 480 lb-ft of torque.
- Transmission: Available with an 8-speed automatic transmission.
- Drivetrain: Rear-wheel drive (RWD) or all-wheel drive (xDrive) were offered.
- Fuel Economy (EPA Estimated): For RWD models, expect around 17 MPG city / 25 MPG highway. For xDrive models, it's slightly lower, around 16 MPG city / 24 MPG highway.
- 0-60 Times: With its powerful V8, the 0-60 mph time is typically in the low 4-second range, making it impressively quick.
- Towing Capacity: As a luxury sedan, the 2016 BMW 550i is not designed for towing and does not have an official towing capacity.
- Trim-Level Features (550i Sedan/xDrive):
- Standard features usually include:- Leather upholstery
- Heated front seats
- Power-adjustable front seats with driver memory
- Dual-zone automatic climate control
- Sunroof
- Xenon headlights
- iDrive infotainment system with a 10.2-inch display
- Navigation system
- Bluetooth connectivity
- USB port
- 16-speaker Harman Kardon audio system
- Front and rear parking sensors
- Rearview camera
- Various safety features like airbags and stability control.
- Optional Features: Many desirable features were often optional, including:
- Adaptive M suspension
- Comfort Access keyless entry
- Heads-up display
- Lane departure warning
- Blind-spot monitoring
- Adaptive cruise control
- Heated steering wheel
- Ventilated and massaging front seats
- Heated rear seats
- Premium sound systems
- Night vision assist.
2016 BMW 550 Specifications
Vehicle Information
| Year | 2016 |
| Make | BMW |
| Model | 550 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Mid-Size Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | DINGOLFING |
Dimensions
| Doors | 4-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | 57.60 inches |
| Overall Length | 193.40 inches |
| Overall Width | 73.20 inches |
| Wheelbase Length | 116.90 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 4L V8 |
| Engine Size | 4L |
| Engine Cylinders | 8 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $66,300 |
| Invoice Price | $61,495 |
| Delivery Charges | $995 |
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What Problems Does the 2016 BMW 550 Have?
While the 2016 BMW 550i offers a compelling driving experience, certain common issues and long-term reliability concerns have been reported by owners. One of the most frequently cited problems involves the engine's cooling system, particularly with water pumps and coolant leaks, which can lead to overheating if not addressed promptly. The turbochargers, while powerful, can also be a source of concern, with potential for oil leaks or reduced performance over time, especially if maintenance has been neglected.
Electrical issues are another area that can cause headaches for owners. This can range from problems with the iDrive infotainment system freezing or malfunctioning, to issues with various sensors and modules, such as those related to parking assist or lane keeping. The complex electronic systems in these vehicles, while offering advanced features, can be prone to failures.
Fuel injectors have also been identified as a potential point of failure, leading to rough idling or engine misfires. For models equipped with the adaptive suspension, there are reports of premature wear or failure of the suspension components, which can be costly to repair.
Recalls for the 2016 BMW 5 Series, including the 550i, have touched upon various aspects, such as potential issues with the crankshaft, airbag inflators (a common recall across many manufacturers due to Takata), and fuel pump concerns. It's crucial for prospective buyers to research specific recalls that may affect the vehicle they are considering and ensure they have been addressed by a qualified BMW technician.
In terms of long-term reliability, the 550i, with its potent V8 engine and advanced technology, generally requires more specialized and potentially more expensive maintenance than less complex vehicles. Consistent and high-quality maintenance is paramount to mitigating many of these potential issues and ensuring longevity. Neglecting routine servicing, especially oil changes and fluid checks, can exacerbate existing problems and lead to more significant, costly repairs down the line.
Electrical issues are another area that can cause headaches for owners. This can range from problems with the iDrive infotainment system freezing or malfunctioning, to issues with various sensors and modules, such as those related to parking assist or lane keeping. The complex electronic systems in these vehicles, while offering advanced features, can be prone to failures.
Fuel injectors have also been identified as a potential point of failure, leading to rough idling or engine misfires. For models equipped with the adaptive suspension, there are reports of premature wear or failure of the suspension components, which can be costly to repair.
Recalls for the 2016 BMW 5 Series, including the 550i, have touched upon various aspects, such as potential issues with the crankshaft, airbag inflators (a common recall across many manufacturers due to Takata), and fuel pump concerns. It's crucial for prospective buyers to research specific recalls that may affect the vehicle they are considering and ensure they have been addressed by a qualified BMW technician.
In terms of long-term reliability, the 550i, with its potent V8 engine and advanced technology, generally requires more specialized and potentially more expensive maintenance than less complex vehicles. Consistent and high-quality maintenance is paramount to mitigating many of these potential issues and ensuring longevity. Neglecting routine servicing, especially oil changes and fluid checks, can exacerbate existing problems and lead to more significant, costly repairs down the line.
How long will the 2016 BMW 550 last?
Based on owner data and typical maintenance habits for luxury German sedans, the 2016 BMW 550i can reasonably be expected to provide reliable service for around 150,000 to 200,000 miles, or approximately 8-10 years of ownership. However, this is highly dependent on the owner's commitment to rigorous maintenance. Adhering to BMW's recommended service schedule, using high-quality fluids and parts, and addressing any emerging issues promptly are crucial.
The long-term durability of the 550i is significantly influenced by the power and complexity of its V8 engine. While capable of great performance, this also means that components are under greater stress. Weaknesses over time can include the cooling system, turbochargers, and various electronic sensors and modules, as mentioned previously. Owners who prioritize preventative maintenance are likely to enjoy a longer service life from their 550i, experiencing fewer major unexpected repairs. Conversely, neglected maintenance can lead to premature failure of key components, shortening its useful lifespan and increasing overall ownership costs.
The long-term durability of the 550i is significantly influenced by the power and complexity of its V8 engine. While capable of great performance, this also means that components are under greater stress. Weaknesses over time can include the cooling system, turbochargers, and various electronic sensors and modules, as mentioned previously. Owners who prioritize preventative maintenance are likely to enjoy a longer service life from their 550i, experiencing fewer major unexpected repairs. Conversely, neglected maintenance can lead to premature failure of key components, shortening its useful lifespan and increasing overall ownership costs.
What Technology & Safety Features are Included?
The 2016 BMW 550i was well-equipped for its time, offering a sophisticated suite of technology, entertainment, driver-assistance, and safety features. Standard technology highlights include the iDrive infotainment system, controlled via a central rotary knob and featuring a crisp 10.2-inch display. This system managed navigation, audio, phone connectivity (Bluetooth), and vehicle settings. A Harman Kardon surround sound system with 16 speakers was often standard, delivering premium audio quality.
Driver-assistance features, while some were optional, aimed to enhance safety and convenience. Standard features typically included front and rear parking sensors and a rearview camera. Many desirable advanced systems were available as part of option packages. These could include adaptive cruise control, which automatically maintains a set distance from the vehicle ahead; lane departure warning, alerting the driver if the vehicle drifts out of its lane; blind-spot monitoring, indicating the presence of vehicles in blind spots; and a heads-up display (HUD), projecting important driving information onto the windshield. Other optional aids like active steering and night vision assist further enhanced awareness and control.
Safety was a strong suit, with the 5 Series typically performing well in crash tests. While specific ratings for the 2016 550i might vary slightly by testing agency (e.g., IIHS, NHTSA), the model generally received high marks, often achieving Top Safety Pick status from the IIHS. Standard safety equipment included a comprehensive array of airbags (front, side, curtain), anti-lock brakes (ABS), traction control, and stability control systems. The robust structure of the vehicle provided excellent occupant protection. For those seeking the utmost in safety and technology, opting for a 550i with the available driver-assistance packages would have provided a comprehensive safety net and a more advanced user experience.
Driver-assistance features, while some were optional, aimed to enhance safety and convenience. Standard features typically included front and rear parking sensors and a rearview camera. Many desirable advanced systems were available as part of option packages. These could include adaptive cruise control, which automatically maintains a set distance from the vehicle ahead; lane departure warning, alerting the driver if the vehicle drifts out of its lane; blind-spot monitoring, indicating the presence of vehicles in blind spots; and a heads-up display (HUD), projecting important driving information onto the windshield. Other optional aids like active steering and night vision assist further enhanced awareness and control.
Safety was a strong suit, with the 5 Series typically performing well in crash tests. While specific ratings for the 2016 550i might vary slightly by testing agency (e.g., IIHS, NHTSA), the model generally received high marks, often achieving Top Safety Pick status from the IIHS. Standard safety equipment included a comprehensive array of airbags (front, side, curtain), anti-lock brakes (ABS), traction control, and stability control systems. The robust structure of the vehicle provided excellent occupant protection. For those seeking the utmost in safety and technology, opting for a 550i with the available driver-assistance packages would have provided a comprehensive safety net and a more advanced user experience.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
2016 BMW 550 Prices and Market Value
When new, the 2016 BMW 550i carried a substantial price tag, typically starting in the high $60,000s to low $70,000s, with optional packages significantly increasing this figure. As with most luxury vehicles, the 550i experiences notable depreciation in its first few years. Current used market prices for a 2016 BMW 550i in good condition can range widely, generally from the mid-$20,000s to the high-$30,000s, depending heavily on mileage, condition, trim level, and the presence of desirable options.
Factors significantly affecting its resale value include maintenance history; a meticulously documented service record from a BMW dealership or reputable specialist greatly enhances value. Higher mileage will naturally decrease resale price. The popularity of the xDrive all-wheel-drive system can also boost its appeal in certain climates. Conversely, cosmetic flaws or evidence of poor maintenance will quickly diminish its market worth. The potent V8 engine, while a draw for enthusiasts, can also be a concern for some buyers due to potential running costs, which can impact resale.
Factors significantly affecting its resale value include maintenance history; a meticulously documented service record from a BMW dealership or reputable specialist greatly enhances value. Higher mileage will naturally decrease resale price. The popularity of the xDrive all-wheel-drive system can also boost its appeal in certain climates. Conversely, cosmetic flaws or evidence of poor maintenance will quickly diminish its market worth. The potent V8 engine, while a draw for enthusiasts, can also be a concern for some buyers due to potential running costs, which can impact resale.
2016 BMW 550 Cost of Ownership
Owning a 2016 BMW 550i is generally considered costly. Insurance premiums will likely be higher than for a standard sedan due to its luxury status, powerful engine, and higher repair costs. Fuel costs are also a significant factor, as the V8 engine, while powerful, is not fuel-efficient, especially in city driving.
Maintenance and repair costs are where the 550i truly stands out as expensive. BMW parts and labor are premium, and specialized V8 engine components, turbochargers, and complex electronics can lead to substantial bills. Routine servicing, such as oil changes, brake jobs, and tire replacements, will also be pricier. Long-term ownership costs for the 550i are definitely on the higher end, making it less economical than many other vehicles in its class.
Maintenance and repair costs are where the 550i truly stands out as expensive. BMW parts and labor are premium, and specialized V8 engine components, turbochargers, and complex electronics can lead to substantial bills. Routine servicing, such as oil changes, brake jobs, and tire replacements, will also be pricier. Long-term ownership costs for the 550i are definitely on the higher end, making it less economical than many other vehicles in its class.
2016 BMW 550 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
17 miles/gallon
Highway Mileage
25 miles/gallon
2016 BMW 550 Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
Expired
Powertrain
Original warranty
48 months / 50,000 miles
Estimated remaining
Expired
Rust
Original warranty
144 months / unlimited miles
Estimated remaining
24 months / unlimited miles
2016 BMW 550 Insurance
Insurance for a 2016 BMW 550 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2016 BMW 550 Compare to Other Sedan?
The 2016 BMW 550i competed in the highly contested luxury mid-size sedan segment against formidable rivals such as the Mercedes-Benz E550, Audi A6 3.0T (though not a direct V8 competitor, it was a performance-oriented alternative), and the Lexus GS 350/450h.
Performance: The 550i's 445-hp V8 engine offered explosive acceleration, often surpassing competitors in raw power. The Mercedes-Benz E550 also featured a potent V8, providing a similar blend of power and luxury. The Audi A6 3.0T, with its supercharged V6, offered strong, albeit slightly less potent, performance with excellent all-wheel-drive dynamics. The Lexus GS focused more on refined power and efficiency, especially in hybrid form.
Features: BMW, Mercedes-Benz, and Audi were all strong in offering cutting-edge technology, luxurious interiors, and advanced driver aids. The 550i's iDrive system was considered one of the best infotainment interfaces, rivaled closely by Mercedes' COMAND system. Lexus typically offered a very comfortable and feature-rich cabin, though its infotainment could sometimes feel less intuitive.
Reliability: This is where the German luxury brands often lag behind their Japanese counterparts. While the 550i offered a premium experience, potential buyers should be aware of higher long-term maintenance and repair costs compared to a Lexus GS. The Lexus GS generally boasts superior reliability ratings and lower ownership costs. The Audi A6 also presents a similar reliability profile to the BMW, with potentially costly repairs as the vehicles age.
Price: When new, these vehicles were similarly priced in the luxury segment. Currently, on the used market, the 550i and E550 often depreciate more significantly than the Lexus GS.
Recommendations:
- Similar Alternative: The 2016 Mercedes-Benz E550 offers a very comparable V8-powered luxury experience with a slightly different emphasis on comfort and ride quality.
- More Reliable Alternative: The 2016 Lexus GS 350 (or 450h for better efficiency) provides a more reliable and potentially less expensive ownership experience, though with less outright V8 power and a slightly less engaging driving dynamic than the 550i.
Performance: The 550i's 445-hp V8 engine offered explosive acceleration, often surpassing competitors in raw power. The Mercedes-Benz E550 also featured a potent V8, providing a similar blend of power and luxury. The Audi A6 3.0T, with its supercharged V6, offered strong, albeit slightly less potent, performance with excellent all-wheel-drive dynamics. The Lexus GS focused more on refined power and efficiency, especially in hybrid form.
Features: BMW, Mercedes-Benz, and Audi were all strong in offering cutting-edge technology, luxurious interiors, and advanced driver aids. The 550i's iDrive system was considered one of the best infotainment interfaces, rivaled closely by Mercedes' COMAND system. Lexus typically offered a very comfortable and feature-rich cabin, though its infotainment could sometimes feel less intuitive.
Reliability: This is where the German luxury brands often lag behind their Japanese counterparts. While the 550i offered a premium experience, potential buyers should be aware of higher long-term maintenance and repair costs compared to a Lexus GS. The Lexus GS generally boasts superior reliability ratings and lower ownership costs. The Audi A6 also presents a similar reliability profile to the BMW, with potentially costly repairs as the vehicles age.
Price: When new, these vehicles were similarly priced in the luxury segment. Currently, on the used market, the 550i and E550 often depreciate more significantly than the Lexus GS.
Recommendations:
- Similar Alternative: The 2016 Mercedes-Benz E550 offers a very comparable V8-powered luxury experience with a slightly different emphasis on comfort and ride quality.
- More Reliable Alternative: The 2016 Lexus GS 350 (or 450h for better efficiency) provides a more reliable and potentially less expensive ownership experience, though with less outright V8 power and a slightly less engaging driving dynamic than the 550i.
Final Verdict: Is the 2016 BMW 550 a Good Sedan?
The 2016 BMW 550i is ideal for the discerning driver who prioritizes exhilarating performance and a luxurious, comfortable executive sedan experience, and who has the financial resources to manage higher ownership costs. It's not for the budget-conscious buyer. It's best suited for individuals who appreciate the blend of potent V8 power and sophisticated German engineering, and who are willing to invest in meticulous maintenance.
Buying a 2016 BMW 550i is worth considering primarily on the used market. A new purchase would be exceptionally expensive given its age. When buying used, thoroughly inspect the vehicle, paying close attention to maintenance records, and factor in potential repair costs. Opting for an xDrive model might be beneficial in regions with inclement weather. It's crucial to have a pre-purchase inspection by a BMW specialist to identify any impending issues. If you can find one with a well-documented service history and are prepared for the associated costs, the 550i can still offer a fantastic, powerful, and luxurious driving experience.
Buying a 2016 BMW 550i is worth considering primarily on the used market. A new purchase would be exceptionally expensive given its age. When buying used, thoroughly inspect the vehicle, paying close attention to maintenance records, and factor in potential repair costs. Opting for an xDrive model might be beneficial in regions with inclement weather. It's crucial to have a pre-purchase inspection by a BMW specialist to identify any impending issues. If you can find one with a well-documented service history and are prepared for the associated costs, the 550i can still offer a fantastic, powerful, and luxurious driving experience.
Drew B
Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma